KBRA Releases Research - CMBS Loan Performance Trends: April 2024

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the April 2024 servicer reporting period. The delinquency rate among KBRA-rated U.S. commercial mortgage-backed securities (CMBS) in April increased moderately to 4.67%, up 17 basis points (bps) from March. However, the total delinquent and specially serviced loan rate (distress rate) markedly increased 79 bps to 8.29%. The jump in distress rate was largely